17th Nov 2014 07:35
News of Japan falling into a recession is expected to provide a drag on the FTSE and other European markets on Monday morning. City sources predict the FTSE 100 will open around 30 points lower than Friday's close of 6,654.37. "The trading week got off to a woeful start in Asia overnight as news th
Read more17th Nov 2014 07:06
Phone and broadband provider TalkTalk has announced a new multi-year commercial deal with Telefónica UK giving the FTSE 250 group access to its 2G, 3G and 4G services in the UK. TalkTalk said the agreement with the owner of O2 will allow it to give its 4m consumer and business broadband customers a
Read more14th Nov 2014 19:34
TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy
Read more13th Nov 2014 10:21
AstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai
Read more12th Nov 2014 09:07
Aberdeen: UBS lowers target price from 465p to 450p and downgrades from buy to neutral. ASOS: Societe Generale reduces target price from 5000p to 4450p, while leaving its buy recommendation unchanged. BG Group: Deutsche Bank reduces target price from 1400p to 1300p and keeps a buy recommendation.
Read more11th Nov 2014 14:32
Renishaw rose strongly after it reiterated its full-year guidance, saying that it continues to see "strong demand" across its product lines. The British engineering firm expects to achieve revenue between £425m and £445m and adjusted pre-tax profit between £95m and £105m. The group said it is increa
Read more11th Nov 2014 08:21
TalkTalk Telecom Group said revenue grew 3.3% to £871m in the first half, driven by the strong performance of TV, broadband, fibre and mobile divisions. The company said demand for broadband, fibre and mobile was stronger than expected earlier in the year, helping it to swing to a pre-tax profit of
Read more24th Oct 2014 14:07
Fixed-line telecom stocks were the worst performers in London on Friday as broker downgrades weighed on heavyweight constituents BT Group and Talktalk. BT, by far the largest stock in the sector with a market capitalisation of nearly £31bn, was 2.4% lower at 367.6p in afternoon trade after Morgan St
Read more21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read more10th Oct 2014 14:06
Cyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite. Mining heavyweights such as Antofagasta, Glencore, Fresnillo and BHP Billiton were all under pressure as
Read more30th Sep 2014 11:59
Talktalk's chief financial officer (CFO) has announced his intention to step down following the release of its interim results on 11 November. He will replaced by current group finance director of ICAP, Steve Makin. Talktalk's chief executive Dido Harding said: "Steve has been an excellent CFO i
Read more22nd Aug 2014 15:55
Renewed hopes of a potential bid by AT&T for Vodafone were giving the mobile telecoms sector a boost on Friday. Vodafone shares were up 1.4% at 205.35p in afternoon trade on the back of hopes that AT&T, which was rumoured to be considering an offer earlier in the year for the mobile phone group, wi
Read more23rd Jul 2014 08:48
- Revenue up 3.1% - New customers boost growth - Full-year 2015 guidance reiterated TalkTalk Telecom Group reported its sixth consecutive year of first quarter revenue growth as the company added customers across its divisions and introduced new products. Total revenue in the three months ended Ju
Read more2nd Jul 2014 15:02
Online grocer Ocado was rebounding strongly after a heavy fall the previous day with analysts at Deutsche Bank providing a lift by upgrading the stock to 'hold'. The company underwhelmed the market with its interim results on Tuesday, but the bank said it now sees limited downside to its target pric
Read more2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
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